I recently stayed at this hotel for 11nights. The room was ok,clean, with basic things.
Breakfast buffet was also ok, not much to choose from. Every day same things to eat.
The hotel restaurant serves nice(but quite small) pizza. The staff friendly.

We stayed at the Sporthotel Victoria in Gstaad for 1 night. This hotel is ideally located on the Promenade, the main street in Gstaad. The room was newly refurbished, very clean and quiet. The only downside was the parking as there are only a few places available from the hotel, we had to leave our car in the carpark and drag our suitcases along. Breakfast was great and we really enjoyed being able to walk everywhere.

Simple, very clean and tidy Hotel. Very happy with week long stay. Very few facilities but a large room and very spacious bathroom with adequate shower. Lift but some stairs cannot be avoided. Friendly staff who go the extra mile. I recommend it.

Located on the Promenade, the central car free main street of Gstaad, just 75 metres from the railway station, adjacent to which is the postbus and skibusstation.
Gstaad is ridiculously expensive (particularly with the £/Swiss Franc rate at CHF1.60/£1), but the Sporthotel Victoria was pleasantly affordable, both for food, which was ok without being great, and beer and open wine. Locals as well as visitors in the café/conservatory; pleasant restaurant to the rear. Friendly patron and staff.
If you are looking for a comfortable 3-star base, with no pretentions to being more than this - good little sauna, steamroom and fitness centre, though - then this should suit.